Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
OCBC reiterates its “neutral” stance on Singapore’s retail sector, but says opportunities exist in companies that are able to weather the current gloomy sentiment. The house notes that the year has started on a bleak note with volatile stock markets and a…
South Korean skincare brand Laneige has opened a new concept store in Ion Orchard, Singapore. Not only does the outlet have a new look, but it features exclusive products. It is the ninth Laneige store for Singapore, the first opening in 2012. Exclusive to…
THE exodus of executives from Colliers International Singapore has continued this week. This time, some senior executives in its industrial services team including the division head are leaving for a rival firm. Colliers’ executive director and head of…
Minister of Foreign Affairs Retno Marsudi received her Singaporean counterpart Vivian Balakrishnan at the Foreign Affairs Ministry building in Jakarta today, January 13. This meeting between the two ministers is their second after the ASEAN Summit in Kuala…
Europe’s leading sports retailer Decathlon will open its first Singapore store on January 16. It follows the unveiling of five stores in Thailand in the two months prior to Christma, as the UK-based retailer builds its Asian footprint. Few details of the…
About 5 in 10 say they spend more than $100/month. Singapore male youth spend more than women on online purchases, according to Singapore Polytechnic’s survey of 816 youth aged 15 to 35. About 5 in 10 (50.6%) males say they spend more than $100 per month on…
Italian luxury fashion brand Valentino has opened its second and largest store in Singapore, at Marina Bay Sands. The 341 sqm store Palazzo concept was developed in partnership with the brand’s creative directors, Maria Grazia Chiuri and Pierpaolo Piccioli,…
Last December proved another positive month for the private sector, with overall business and operating conditions holding up. The Nikkei purchasing managers’ index (PMI), which is a proxy for business activity, inched down from 52.2 in November to 52.1 last…
Sales will top $1.4 billion this year. Singapore’s e-commerce sector will continue to expand at a breakneck pace in coming years, according to a report by CBRE. Sales have grown at a record rate over the past five years, rising from just $800 million in 2012…
CapitaLand Limited (SGX: C31) is one of Asia’s largest real estate companies with a presence in Singapore, China, Indonesia, Malaysia and Vietnam. It is listed on the Singapore Exchange with a market capitalization of over S$13 billion. The company has a…
GDP is seen to likely remain stuck in the 2-3% yoy range. The 4Q15 GDP growth flash estimate was a breathtaking +2.0% yoy (+5.7% qoq saar), which beat market consensus forecast marked a sweet end to 2015. OCBC Bank notes that the surprise factor came from…
South Korean technology giant Samsung Electronics is expanding its mobile payments service to three additional countries, including Singapore. The Korean company made the announcement during its press conference at the Consumer Electronics Show on Tuesday,…
Victoria’S Secret will open its first South-east Asia flagship store in Singapore by year end and unveil a full assortment of its sexy wares. The international lingerie brand will open the 12,000 sq ft outlet in the fourth quarter of the year at Mandarin…
A slew of Singapore firms, including property giant CapitaLand and banks DBS and UOB, have joined the third Sino-Singapore government-led project, which is based in Chongqing. DBS inked four strategic partnerships with Chinese government agencies and banks to…
Fresh off its worst year for listings in at least two decades, the Singapore stock market now faces the threat of fading into an irrelevant backwater for global investors as large privatisations, small floats and a broad-based equities slump continue to erode…
Although currently weak in personal finances, consumers in Singapore have expressed confidence over the next five years. This has led December’s level of consumer confidence to rise to levels above the long-term average, according to the results of the…
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